Latest Update on Lifeway Foods Acquisition Proposal: The board of Lifeway Foods has responded to Danone’s acquisition proposal of $27 per share, stating that it believes the offer “substantially undervalues” the company. However, Lifeway is open to a potential sale…
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PepsiCo Spin-Off Tropicana Poised for Growth Just three years after PepsiCo sold Tropicana and a portfolio of other smaller brands, a top executive said the spin-off is poised to accelerate growth for its drinks through innovation and expansion into new…